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Rona Fischman, Page 115

A Good Time to Downsize

 A rising market favors people who are downsizing because the higher the property value, the greater the sale of the more expensive, bigger property. This offsets the higher price of the downsized, smaller property, assuming both properties are rising at the same rate. Suppose you own a house that was …

How much has the market increased in the past year?

My very favorite valuation system is FNC. It looks at all non-distressed (non-foreclosing) properties.  FNC includes information about house improvements (or lack …

Somerville commercial tax hikes, what do they mean to the happy homeowner?

Small business owners in Somerville were sucker-punched this year by their commercial property tax bills. They were expecting up to a 15 …